The contract is likely to be voidable because it was formed
as a result of undue influence. Undue influence is being defined as an
individual’s way of influencing others by means of having them to induced them
rather than using their own free will or they are influenced without their full
attention that can lead to certain consequences.
In markets where competition is very intense, companies are not able to keep on competing in prices forever, as at some point their cost structures prevents sucessive price lowerings. Therefore, companies are forced to use alternative strategies to defeat their competitors and to attract larger shares of consumers to demand their products.
<u>Companies need to become more efficient in production and to introduce innovations</u>. An example of an efficiency increase is to produce at the same cost, maintaining the same market price but delivering a higher-quality product, that includes, for instance, a better packaging. This new feature has been achieved through the implementation of a new tecnique in the production process (ex: new materials for the packaging) together with an innovative and sucessful marketing campaign.
Explanation:
The per capita income can not reflect the true state of economic development because if the income of a particular group have increased or have become rich and the income of other groups remain the same, it will reflect an increase in the per capita income.
Answer:
False
Explanation:
During the Cold War, the U.S & the Soviet Union fought together as allies against the Axis. But the relationship wasn't exactly comfortable. Americans were aware of about the Russian leader.
Both sides were "afraid" fighting each other directly.
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